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Topic: What Does Bitcoin Need? - page 2. (Read 4836 times)

member
Activity: 65
Merit: 10
February 09, 2015, 06:07:24 PM
#50
Bitcoin needs legal framework. Many countries ban cryptos, how can it grow into masses?

Bitcoin needs legal framework which does not constrain its growth.

So kind of like Coinbase's license?

It needs properly licensed, insured exchanges in all the major world zones. Coinbase is a start but I heard it's not fully licensed in all US states and only does business with US citizens.
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 09, 2015, 05:41:40 PM
#49
There's alot of things Bitcoin needs in the longterm.  In the short term, hopefully these:

-Bitcoin needs Greece to adopt Bitcoin upon it's impending "Grexit" from the Eurozone
-Winklevii Gemini exchange to finally launch
-Winklevii COIN ETF launch
-Continued innovative startups and funding rounds
-More mentions in the mainstream media, TV, and movies

There's a bunch of needs, but just this for 2015 would be dandy.
legendary
Activity: 3052
Merit: 1273
February 09, 2015, 04:42:26 PM
#48
Bump.
legendary
Activity: 3052
Merit: 1273
January 29, 2015, 03:27:42 PM
#47
Bitcoin needs legal framework. Many countries ban cryptos, how can it grow into masses?

Bitcoin needs legal framework which does not constrain its growth.

So kind of like Coinbase's license?
legendary
Activity: 1582
Merit: 1064
January 03, 2015, 01:46:43 AM
#46
Bitcoin needs legal framework. Many countries ban cryptos, how can it grow into masses?

Bitcoin needs legal framework which does not constrain its growth.
hero member
Activity: 714
Merit: 500
January 02, 2015, 06:55:05 PM
#45
Bitcoin needs legal framework. Many countries ban cryptos, how can it grow into masses?
The only suggestion that makes sense in this thread.
The tech is fine. Smartphone wallets are easy to use.
full member
Activity: 183
Merit: 100
January 02, 2015, 05:42:11 PM
#44
Bitcoin needs legal framework. Many countries ban cryptos, how can it grow into masses?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
January 02, 2015, 04:14:05 PM
#43
I think for 2015, BTC, now just needs to keep getting easier and easier to use.   Maybe some newer applications that can help do some of the things in the background that people find confusing or overwhelming. 
legendary
Activity: 3052
Merit: 1273
December 24, 2014, 10:46:48 AM
#42
I think that the confirmation time of transaction at the moment is quite optimal and reducing it does not make any sense. It would be quite useful to improve security. But most of all bitcoin needs to expand its recognition and distribution.

It's mostly a matter of time, we need to wait for everyone to use bitcoin.
newbie
Activity: 18
Merit: 0
December 24, 2014, 07:47:53 AM
#41
I think that the confirmation time of transaction at the moment is quite optimal and reducing it does not make any sense. It would be quite useful to improve security. But most of all bitcoin needs to expand its recognition and distribution.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
December 23, 2014, 01:57:24 PM
#40
It needs easier way to buy them, atm machines are a pita.

I agree that BTC needs to be easier to buy, maybe being able to buy them in stores...just like itunes gift cards or whatever.

I also think it needs to be easier to manage private keys and such...which a lot of the stuff that people would think is confusing.  Once all that stuff can be done in the background of apps and out of site...it won't seem so overwhelming to people that are not that technologically savvy
member
Activity: 66
Merit: 10
December 23, 2014, 11:38:22 AM
#39
It needs easier way to buy them, atm machines are a pita.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
December 23, 2014, 11:20:50 AM
#38
It needs a good spanking.

LOL
spanking till to the moon Cheesy

The "faster confirmation time" has been discussed a lot
(mostly by noobs).

It's not really necessary.  Most small transactions are
fine with 0 confirmations which takes seconds.
Larger transactions will be just as secure with 1 confirmation as
if you had 10 confirmations with a 1 minute blocktime.

Yes that's right.
and that's natural, for your security too.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
December 23, 2014, 09:32:56 AM
#37
The "faster confirmation time" has been discussed a lot
(mostly by noobs).

It's not really necessary.  Most small transactions are
fine with 0 confirmations which takes seconds.
Larger transactions will be just as secure with 1 confirmation as
if you had 10 confirmations with a 1 minute blocktime.

The only advantage faster confirmation would provide
would be the difference between 0 and 1 confirmations
on medium sized transactions, but the trade off is
more orphaned blocks.

I don't see Bitcoin changing the confirmation time
anytime soon.
legendary
Activity: 3052
Merit: 1273
December 23, 2014, 07:56:39 AM
#36
1. Faster confirmation & less tx fee
2. Bigger user
3. More bitcoin service

And anonymous is important too  Smiley

"And anonymous is important too  Smiley"

Check out bitmixer.io if you're very interested in remaining anonymous!
legendary
Activity: 3052
Merit: 1273
December 23, 2014, 07:52:15 AM
#35
Trezor is a great proof of concept. Someone needs to buy them out and build military grade devices with full bitcoin functionality and also special use wallets. The math is secure but our devices are not.

I recently got one, they are incredible!

But once again to average users they look difficult to grasp and use.
legendary
Activity: 3052
Merit: 1273
December 23, 2014, 07:51:37 AM
#34
I've been wondering lately, what the market decides... Maybe the novelty has worn thin, the security issue, the app, some disastrous turns in world economies, I mean, worse than now... Many things have to come together, and maybe a low stable price is good.
There's no song and dance. It's tech and finance and economics. If you aren't interested, you just ain't interested. Doesn't mean you won't use it, you just don't need to know. The killer app will seduce that consumer. BTC should go more "under the radar" and figure out a way for people to use it without realizing it. Safe and easy.

I think currently, there is no need for bitcoin in day to day lives of average people.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
December 23, 2014, 06:45:03 AM
#33
I've been wondering lately, what the market decides... Maybe the novelty has worn thin, the security issue, the app, some disastrous turns in world economies, I mean, worse than now... Many things have to come together, and maybe a low stable price is good.
There's no song and dance. It's tech and finance and economics. If you aren't interested, you just ain't interested. Doesn't mean you won't use it, you just don't need to know. The killer app will seduce that consumer. BTC should go more "under the radar" and figure out a way for people to use it without realizing it. Safe and easy.
legendary
Activity: 3276
Merit: 2442
December 23, 2014, 06:35:38 AM
#32
It needs a good spanking.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
December 23, 2014, 06:01:00 AM
#31
Trezor is a great proof of concept. Someone needs to buy them out and build military grade devices with full bitcoin functionality and also special use wallets. The math is secure but our devices are not.
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